Job retention schemes in perspective: lessons learnt and insights for future policys
Annex 3.1: Selected graphs and tables
This Annex presents the correlation tables referred to in section 3.4. They show how specific design features of job retention schemes were associated with the participation in these schemes, as well as unemployment and labour productivity during and after the pandemic. The statistical analysis (OLS regressions with country fixed effects, to account for structural characteristics at national level) has used quarterly data from 2020-2021 (unless otherwise specified) to assess these relations. The results are shown in tables where different shades of blue highlight how strong the relationship between the design features and the outcome variables is: dark blue means very significant, medium blue means moderately significant, and light blue means weakly significant.
Table A3.1.1: Correlations between different features of the design of job retention schemes and their take-up rates (2020-2021)
Note:
OLS regression with country fixed effect and robust standard errors clustered at country level (2020-2021). All variables are quarterly. Different shades of blue are used to signal different significance level of the coefficients: dark blue: p<0.01, medium blue: p<0.05, light blue: p<0.1.
Source:
Eurofound (2024), database on institutional features of job retention schemes in the European Union and Eurostat.
Table A3.1.2: Correlations between different features of the design of job retention schemes during the pandemic and unemployment rates in 2021, 2022, 2023
Note:
OLS regression with country fixed effect and robust standard errors clustered at country level (2020-2021). All variables are quarterly. Different shades of blue are used to signal different significance level of the coefficients: dark blue: p<0.01, medium blue: p<0.05, light blue: p<0.1.
Source:
Eurofound (2024), Database on institutional features of job retention schemes in the European Union and Eurostat.
Table A3.1.3: Correlations between different features of the design of job retention schemes during the pandemic and labour productivity in 2021, 2022, 2023 (expressed in % change on previous year)
Note:
OLS regression with country fixed effect and robust standard errors clustered at country level (2020-2021). All variables are quarterly. Different shades of blue are used to signal different significance level of the coefficients: dark blue: p<0.01, medium blue: p<0.05, light blue: p<0.1.
Sources:
Eurofound (2024), Database on institutional features of job retention schemes in the European Union and Eurostat.